How rich is Bruno Mars in 2021? How much has the singer earned till now? Is he still continuing his career as a musician? What are his income sources? Bruno Mars Net Worth in 2021, this article answers all the questions related to Bruno Mars’s estimated net worth in the coming year. With an estimated net worth of $95 million, this famous pop singer from Hawaii has accumulated an enormous wealth from his singing career as well as multiple streams of income including songwriting, record producing and touring. So how rich Bruno Mars really is in 2021? Let’s find out!
Bruno Mars’ Selling Albums
Even though he is a critically acclaimed singer and songwriter, Bruno Mars net worth was developed mostly thanks to his singing albums. He actually won seven Grammy Awards with more than ten million copies of his albums sold worldwide, which makes him one of popular singers in music industry right now. Currently, Bruno has three studio albums: Doo-Wops & Hooligans (2011), Unorthodox Jukebox (2012) and 24K Magic (2016). After those selling records, we can surely expect much bigger net worth for young star and better future earning opportunities. And that’s not all! With non-stop world tours and lucrative endorsement deals, we can expect that Bruno will continue to earn big numbers each year.
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Bruno Mars’ Income from his Music Career
The singer reportedly earns $38 million a year from his music career. He has released three studio albums and ten singles since his debut in 2010. His third album, 24K Magic, debuted at number one on Billboard 200 upon its release in November 2016. He also saw tremendous success with singles such as Uptown Funk with Mark Ronson, earning platinum status for sales over 10 million copies and being awarded four times platinum certification for its video by RIAA. His successful single also won two Grammy Awards for Record of The Year and Best Pop Duo/Group Performance in 2016. He also made a name for himself as an actor with films such as 2010’s Valentine’s Day and 2014’s Alejandro G.
Expected Money from Endorsements
The singer is currently getting paid $14 million annually. This amount might go up or down depending on his success and consistency as a performer. His production company also earns $2 million from album sales and other deals related to music. And he continues to make money from live performances, tour earnings, and so on. The overall figure is likely to touch about $20 million by 2021. Plus, he has a total net worth of more than $30 million at present!
Estimated Earnings From Touring
Concert ticket sales are one of a musician’s major sources of income. Although most artists have to pay agents, managers and costs associated with their tours out of that revenue, they still earn quite a bit from their tour dates. For example, Bruno Mars has earned an estimated $93 million from concert tickets since 2005. How much do you think he’ll make by 2021? He already earned $33 million last year, so let’s say he will earn about $40 million over three years. Assuming that his concert ticket sales remain constant between 2017 and 2020 (which we think is conservative), his total gross earnings from touring will be $213 million by 2021 . . . That could be really close to how much he is worth!
How Big is Bruno Mars’ House?
The singer’s a native of Hawaii, where things are cheaper than they are on the mainland. But that doesn’t mean he lives like a pauper: He bought his first home in 2015, when he was 28 years old—and it cost $2.8 million. These days, his beachfront abode is valued at $6 million.
Other Sources of Income
While performing music is clearly his bread and butter, it’s not his only source of income. Bruno also collects royalties from sales of recorded music and touring merchandise. He also owns a share of master recordings for all his solo albums, which adds to his bottom line; it’s currently unknown how much he gets from each album sale or streaming play. Additionally, he receives payouts from other sources such as record companies and publishing companies that represent him when artists cover his songs (such as Adele).
Last Updated on December 25, 2021
Andrew Smith is a professional News researcher and writer. He has been writing latest tending news articles for various news agencies.